Since 2013, we are seeing a good amount of investors opting for the direct option, and getting themselves away from commission agents. This gives birth to the concept of DIY or do-it-yourself in Personal Finance or Mutual Funds in particular. But does this means all investors can do without advisors? Well, one of the recentRead More
Mutual Funds
How To Choose Equity Mutual Funds – Infographic
Did you know there are different types of equity mutual funds and each offers a different type of benefit? When mutual funds invest maximum part of their corpus in the stock market, they are broadly called an equity mutual fund schemes. Remember, the structure of the fund may vary for different schemes and also on fundRead More
Will Rupee Cost Averaging (SIP) Make You Rich? Full Details – Part 2
In part 1 we covered how Rupee Cost Averaging works in practical investment scenario. But Lump Sum investment is also another way and particularly what to do when you have money at hand, to go right now and invest? So, let’s go more in detail on these 2 strategies and find a way to dealRead More
Will Rupee Cost Averaging (SIP) Make You Rich? Part 1
When it comes to investing your money, there are primarily two strategies you can use: lump sum investing and Rupee Cost Averaging (Commonly called as SIP). Both of these come with advantages and disadvantages. In this post, I will walk you through both, showing you why you might choose one over the other and ideally,Read More
Best ELSS Funds & Why to Invest in ELSS Funds
The ELSS is no doubt the one of the best option to avail tax benefit under Sec 80C of Income Tax Act 1961. If you are still in doubt this article will try to explain the benefits through some pictures. The Equity Linked Savings Schemes or ELSS are pure Equity Diversified Funds. So they bringRead More
Is Compounding 8th Wonder of the World
Compound growth means your interest earns interest. When you have a growing thing, which creates more growing things and again creates more growing things… your return adds up fast. This is the core of all financial concepts.
It works for both, one who invests and one who lends or borrows. It is relevant to us as it has the power to convert few 1000s to few Lakhs and few 100000s to few Crores.Read More